Elgi Equipments Limited — Investor Meet, 17-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

ELGI Equipments reported 18% sales growth. Q3 EBITDA was 140 Cr, affected by 6% higher employee costs (restructuring, strategic investments) and US tariffs; tariff impact set to ease from Q2 FY27. PBT jumped 30%. Europe is undergoing cost optimization targeting profitability. US business is profitable, with distribution improvements ongoing. New low-cost compressors will launch by Q2 FY27 to address Chinese competition. Significant investments are being made in motor technology and digital initiatives. Reducing excess inventory is a key focus. Management is cautiously optimistic, forecasting low double-digit growth for India.